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Text of DOL Proposed Regs: 'Safest Available' Standard for Annuity Provider Selection for Distributions from DC Plans (PDF)
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] 
Sept. 12, 2007 5 pages. "Given that the fiduciary standards in Interpretive Bulletin 95 -- 1 would not apply to the selection of an annuity contract as an optional form of distribution from an individual account plan, the Department is proposing the adoption of this regulation that, in the form of a safe harbor, provides guidance concerning the fiduciary considerations attendant to the selection of annuity providers and contracts for purposes of benefit distributions from individual account plans." MORE >> |
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